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Jul 10, 2013
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we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization. there is a track record continually of the person that accused us of doing it of doing it himself, of let me say that he is accurate. i'd be happy to yield. mr. manchin: if i could, i want to thank the good senator for working in such a bipartisan manner. this bill haif this bill has bed as belonging to one party or the other, it is wrong. we sat down together, senator cobun, senator a aalexander, senator burr, and we had senator carperrer and looked at how we could fiction something. this deadline hit, we knew one year ago when we extended it, they said it was a political
we did it in 2005 under the ccra anchts the deficit reduction reduction act. senator harkin's appropriations committee has made changes to the eligibility rules to the pell grants each of the past several years outside of the higher education authorization, including the elimination of summer eligibility, ability to benefit, and lower of the automatic enrollment for low-income students. i mean, it -- it's just not fair to come and say, to me, that i'm doing an outside higher reauthorization....
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Jul 9, 2013
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the reason for that is we should not ask students to deficit -- subsidize the deficit as no other generation incurred that debt and we encourage you to go to school we want to make it as affordable as possible and reducing the deficit should not be your responsibility but our generation to do so. that is one of the debates by the way if this president democrats republicans for $5 billion of deficit reduction. >> even if somebody's goal was to reduce the deficit it would only put a bandage on the larger problem. i am a graduate student but my friends are in the working world and i have friends who pay more in loans than their rent or cannot read to or buy a house and so they live with their parents they cannot buy a new cars you just created generation of adults that cannot put any money to anything but the student loans you hurt the economy. the free up money that young adults today that put toward the student debt but now people are able to put money on a house or a new car or supporting local business or any business. >> that is an excellent point* to the extent we put our most capable peo
the reason for that is we should not ask students to deficit -- subsidize the deficit as no other generation incurred that debt and we encourage you to go to school we want to make it as affordable as possible and reducing the deficit should not be your responsibility but our generation to do so. that is one of the debates by the way if this president democrats republicans for $5 billion of deficit reduction. >> even if somebody's goal was to reduce the deficit it would only put a bandage...
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Jul 9, 2013
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i am not against smart cuts to reduce our debt and our deficit. these kinds of burdens on students, using them as a deficit solution, is not a smart cut, and that is an understatement. in the long term, we thaoed to reduce -- we need to reduce the cost of higher education which has increased over the last few decades by 1,000 percent. that's the result of year after year overinflationary increases in tuition which over time have amounted to make a college degree unaffordable to all but the most well off unless they use that kind of financially crippling debt to attend. the age of supporting one's self through a four-year college degree is passed for most. this unfortunate trend has been coupled with more and more employers requiring a graduate degree for even consideration in the hiring pool. and so, the doubling of interest rates is indeed indefensible, as irene mulvey. it is indeed unacceptable in the greatest nation in the history of the world which must continue the quality and affordability of higher education if we are to remain the greatest
i am not against smart cuts to reduce our debt and our deficit. these kinds of burdens on students, using them as a deficit solution, is not a smart cut, and that is an understatement. in the long term, we thaoed to reduce -- we need to reduce the cost of higher education which has increased over the last few decades by 1,000 percent. that's the result of year after year overinflationary increases in tuition which over time have amounted to make a college degree unaffordable to all but the most...
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Jul 10, 2013
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we did in 2005 under the deficit reduction act. senator harkin's appropriations committee has made changes to eligibility rules each of the past several years outside of the higher education authorization, including the ability to seek benefits and lowering of the automatic enrollment for low-income students. it is just not fair to say that i am doing this outside of the higher education reauthorization when there was a track record continually of the person that accused us of doing this who did this himself. let me just say, if i could, i want to thank the senators for working on this together. i think this is truly a bipartisan bill. it has been described as belonging to one party or the other and i think the senator from north carolina and senator coburn and myself and we have looked at basically how we can fix something. we look at the standpoint and they said it was a political atmosphere and we had to extend it. we knew that you would come. like everything else, nothing gets done at times. it has to be fixed. and if you want
we did in 2005 under the deficit reduction act. senator harkin's appropriations committee has made changes to eligibility rules each of the past several years outside of the higher education authorization, including the ability to seek benefits and lowering of the automatic enrollment for low-income students. it is just not fair to say that i am doing this outside of the higher education reauthorization when there was a track record continually of the person that accused us of doing this who...
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Jul 9, 2013
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any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their proposal. president obama came out with a proposal on student loans. the first president since 1958, first president, not democratic president, first president, democrat or republican, to propose going from a 91 t-bill date to a ten-year treasury note. no other president suggested that. secondly, no president since 1958, no president, has advocated removing the cap. president obama in his proposal proposed removing the cap. well, i believe it's safe to say that our caucus said no, we're not going to do that. we're not going to lift this key consumer protection of having an intere
any deal on interest rates should not reduce the deficit on the backs of students. we should not trade national debt for student debt. and number two, we need to keep in place an interest rate cap, an interest rate cap as a key consumer protection to shield students from exorbitant rates in the future. now, i have the highest respect for our president. i served with him here. he was on our committee. i only wish that perhaps they had talked to us a little bit before they came out with their...
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Jul 10, 2013
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another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard lindsen with m.i.t.. his quote was that regulating carbon is a bureaucrat's dream. if you regulate carbon, you regulate life. you control life. that's what bureaucrats want to do. that's what the environmentalists want to do in controlling our lives. they want to determine what cars we drive, what kind of houses we live in, how our cities are built, and all of that. and they can do all of this by regulating carbon dioxide. and democrats particularly in the senate have been unsuccessful in passing legislation to accomplish this. this is the key. it was way back d
another one was that deficit spending is not bad public policy. a third one, punishment is not a deterrent to crime. and the fourth one -- and this is a big one -- is that government can run our lives better than people can. and that's exactly what we're talking about here. the reason they have been wanting to do this with regulating carbon, i think, is better articulated by a guy that i don't think anyone will argue could be the most knowledgeable scientist in america. his name is richard...
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Jul 9, 2013
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you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us will mean students could be locked in at rates over 8% in just a few short years. and in fact, it would be better to absolutely do nothing now than to take up and pass the republican bill. you know, i bet everybody listening knows a family member or a coworker who is up to their neck in student debt. it is a weight that keeps them from helping to grow our economy or start a family or take risks with their careers. and it's a weight that is not easily shed. we can't continue to do this, to generation after generation of college students and expect to be able to compete
you know, students have already contributed billions to deficit reduction. but the problem is senate republican leader has insisted all other proposals that we balance the budget on the backs of struggling students and their families, and so far they have refused to put the interest of students and tomorrow's middle class ahead of tax code spending that benefits the wealthy. what they've introduced is a bill that includes no cap on how high student loan rates could go, something c.b.o. tells us...
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Jul 9, 2013
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and the reason for that is that we are asking students to subsidize the deficit because we want to encourage you to go to school, we want to make it as secure as possible. it ought to be my generation and her parents generation as well to do so. that is one of the debates, by the way. you can't put into a student loans anything that we thought we could. it's freeing up money that we thought was there. >> i think that that is an excellent point, to the extent that we put capable people in debt. >> we undermined not only their lives, houses, necessities, children, we diminish our ability to grow this. >> i think we are putting the is an appearance of these people. >> you are right. it does make a good point. thank you, megan. [inaudible question] >> as you say, it is definitely more difficult. it is important that we do this, as we have in the past. it is largely ahead of the control. >> [inaudible] >> we have confidence that we will set aside this much money every single month. we will do the best that we can. >> we are kind of on the same page. >> i think that you are right. >> i think dad t
and the reason for that is that we are asking students to subsidize the deficit because we want to encourage you to go to school, we want to make it as secure as possible. it ought to be my generation and her parents generation as well to do so. that is one of the debates, by the way. you can't put into a student loans anything that we thought we could. it's freeing up money that we thought was there. >> i think that that is an excellent point, to the extent that we put capable people in...
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Jul 11, 2013
07/13
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el presidente obama dice que una reforma migratoria beneficiaria la economÍa y reduciria el dÉficit. tensiÓn en el juicio de zimmermann, y la defensa utiliza un muÑeco. y la policÍa prevÉ problemas. y chaltan obliga a realizar evacuaciones. y una reina de
el presidente obama dice que una reforma migratoria beneficiaria la economÍa y reduciria el dÉficit. tensiÓn en el juicio de zimmermann, y la defensa utiliza un muÑeco. y la policÍa prevÉ problemas. y chaltan obliga a realizar evacuaciones. y una reina de
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Jul 9, 2013
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the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague from colorado said it was dead on arrival when it went to the senate. it was dead on a bipartisan basis when it went to the senate. the time has come now to defeat the previous question so that we can bring the one-year fix to make sure that students are protected from the doubling of the interest rates that is now occurring because of the inaction by the republicans in the house of representatives. i yield back the balance of my time. the speaker pro tempore: the gentleman from california yields back the balance of his time. the gentleman from colorado reserves. the gentleman from texas is recog
the student loan program itself is paying down the national deficit because of the profit the federal government makes. it's time to stop that and make student loans affordable for students and for their families. this congress simply has not done right by students. forcing these students to continue to graduate with an increasing mountain of debt while at the same time they lament the students are graduating with increased debt. that's what the republicans offered, that's why as my colleague...
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Jul 12, 2013
07/13
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we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about that budget deficit that we do not have. and the deputy manager of the program to land this drone on the "u.s.s. george h.w. bush" says he is furloughing in place on the aircraft carrier while the drone is finally completing its historic landing. this is basically how it goes in the nonsense hold that we call the american congress right now. in that nonsense hole, house republicans find themselves digging deeper and deeper and deeper with no real plans on how to get out. i, though, have an idea for how to help them. do you remember the big deal in washington right now is that
we do not have a deficit right now. we have the opposite of a deficit right now. as of june the u.s. government was taking in $117 billion more that month than it was putting out. we are not in the red, we are in the black. this is the largest june budget surplus ever recorded in the history of the united states of america. but still, a thousand florida national guardsmen are not filling sandbags one day a week every week indefinitely even through storm season because congress panicked about...
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Jul 7, 2013
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. >> the trillion dollar deficits. >> and it does not look like the republicans are hoping a city. will you write a book for them? >> something about that and i think the republicans demean no, there are people all across the spectrum of both parties. i was asked -- i was speaking about my other book at fort leavenworth, the military base, not the prison. [laughter] and there were 1490 majors for mostly our country, but from around the world. it is a big school. someone asked me, what is the biggest problem that i worry about when i go to bed at night. the answer was american weakness why said that? i think the signal is being sent out from this country is that basically we are modeling american economy of your and it is a failed model. does not work. and there is no way that you can have the deficits we have had and have the debt we are incurring without sending out a signal to the world that this country is not born to be what it was in the past. there is no way that you can do that. you're not going to -- people take that message and they see it. and the -- then you turn around.
. >> the trillion dollar deficits. >> and it does not look like the republicans are hoping a city. will you write a book for them? >> something about that and i think the republicans demean no, there are people all across the spectrum of both parties. i was asked -- i was speaking about my other book at fort leavenworth, the military base, not the prison. [laughter] and there were 1490 majors for mostly our country, but from around the world. it is a big school. someone asked...
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to stay on this deficit reduction part of what many in government know is looking forward to the future past the next election is that there could be much much worse to come sarah. lunde and now for some other incessant news in brief this hour an airline there has crash landed at san francisco international airport leaving at least two dead in the two hundred and three injured asiana boeing triple seven came to rest or just off the runway before bursting into flames i wouldn't speak on the plane's tail section breaking off just before touchdown a pilot apparently made no distress calls prior to landing the south korean flight had to fourteen from salt had three hundred three passengers and crew on board. at least one person has been killed after a train carrying crude oil do railed and burst into flames in canada's province of quebec a number of people are missing as the explosion leveled dozens of nearby buildings while around a thousand people were forced to flee their homes their amateur footage shows the intensity of the blaze while reports a large amount of toxic chemicals are spil
to stay on this deficit reduction part of what many in government know is looking forward to the future past the next election is that there could be much much worse to come sarah. lunde and now for some other incessant news in brief this hour an airline there has crash landed at san francisco international airport leaving at least two dead in the two hundred and three injured asiana boeing triple seven came to rest or just off the runway before bursting into flames i wouldn't speak on the...
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Jul 9, 2013
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here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary cut in half. it's pretty obvious what's been happening. the major category of trade deficits is energy imports. energy. because we are not self-sufficient in energy production in this country. part of the answer lies in new energy systems. systems that even nasa has helped us to begin to invent. yes, in the solar fields. yes, in new hydrogen technologies like cryogenic hydrogen. yes, in natural gas. thank goodness the department invested in fossil fuel technologies. that's where the fracking technologies came from. it came from thinking about the
here's a chart that shows america's trade deficit. and energy, imported energy comprises the largest account. we haven't had a balanced trade deficit since the 1970's when the job hemorrhage started in this country. and it gets worse every year. america's future depends on innovation. we can't continue to live like this. every community you go to in this country, they say, well, we have to move somewhere because my child can't find a job or, gosh, i had to get another job and i had my salary...
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Jul 8, 2013
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when i became prime minister, i had huge deficit made by the previous conservative government. i had to raise taxes. my main task was to revamp the tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people, who were paying for the debt of greece, were at the same time seeing we were paying back our lenders, a global financial system was aiding tax evasion through tax havens. instead of a trickle down economy, we had a trickle out economy.about one third of total global assets are beyond the reach of effective taxation. $32 trillion is offshore in 2010. revenues are lost. there is so much being lost they could five times deal with the lending goals. so i n i say inevitable tax, also believe in a strong global governance, reform which much transparency, closing loopholes, and affect financial around the world. i believe in progressive it's a blood use line in our soelts. conservative argument is that we the bottom to because of global competition. the say it should emulate emerging economies with lower taxes, wages, benefits, enviro
when i became prime minister, i had huge deficit made by the previous conservative government. i had to raise taxes. my main task was to revamp the tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people, who were paying for the debt of greece, were at the same time seeing we were paying back our lenders, a global financial system was aiding tax evasion through tax havens. instead of a trickle down economy, we had a trickle out economy.about one...
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could stay on this deficit reduction part many in government now it's looking forward to the future past the next election and there could be much much worse to come sarah. now for some other international news in brief this hour police in canada say they fear fatalities after a train carrying seventy tankers of crude oil the rail burst into flames in quebec inferno recipes spread to nearby houses forcing local authorities to evacuate the area they've also been warnings of an ecological catastrophe after a toxic wave of the coral flooded a nearby river. while in brazil sisters and police clashed in front of the home of rio's governor rubbish piles hampered the advance of security forces the protesters could tear gas the country's been hit by wave after wave of rallies recently after a protest over a very slow build into why did demonstrations against corruption in the highest ranks of the country. syrian troops evolves into. the whole part of holmes after nearly a week of fighting and some of the heaviest of the conflict shelling was sort of continued throughout the night and remains ong
could stay on this deficit reduction part many in government now it's looking forward to the future past the next election and there could be much much worse to come sarah. now for some other international news in brief this hour police in canada say they fear fatalities after a train carrying seventy tankers of crude oil the rail burst into flames in quebec inferno recipes spread to nearby houses forcing local authorities to evacuate the area they've also been warnings of an ecological...
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Jul 7, 2013
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minister, ie prime had huge deficit made by the previous conservative government . i had to raise taxes. my main task was to revamp the tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people who were paying for the debt of greece were at the same time seeing as we were paying back our lenders am a is global financial system was aiding tax evasion through tax havens. economy,y trickle down we had a trickle out economy. -- instead of a trickle down economy, we had a trickle out economy. offshore in 2010. revenues are lost. they is so much being lost could five times a deal with the lending goals. say inevitable tax, i also believe in a strong, global governance which must include transparency, closing loopholes, financial regulations around the world. arecond point, tax revenues a democratic decision for each country. i believe in progressive taxation because it is the bloodline of a social contract among a basic bargain in our societies. conservative argument is we need a race to the bottom because of global competit
minister, ie prime had huge deficit made by the previous conservative government . i had to raise taxes. my main task was to revamp the tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people who were paying for the debt of greece were at the same time seeing as we were paying back our lenders am a is global financial system was aiding tax evasion through tax havens. economy,y trickle down we had a trickle out economy. -- instead of a trickle...
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Jul 11, 2013
07/13
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fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving around of the timing of certain payments that ordinarily would have made in june but were instead moved back to i believe the end of may. so that reduced some of the outlays in june by 34 billion. right there that is $100 billion in deficit reduction alone. tracy and ashley, back to you. tracy: quirky calendar. that sounds quirky to me. you're keeping eye on the senate banking hearings, dodd-frank, right? 3 1/2 years we're into this and we still don't know what the heck is going on. peter, did we lose you? >> i'm here. tracy: what
fiscal deficit is 510 billion. down from the 504 billion in the same period in the last fiscal year, a decrease of $400 billion. some of that of course caused by the, due to the tax increases that kicked in january 1st on upper income families and for payroll taxes, but budget experts flag ad couple of other things in this surplus this month. for example, revenues were boosted by one-time dividend payments of $59 billion from fannie mae and freddie mac. and another case we saw some moving...
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Jul 11, 2013
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commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank reserves. i do not think their asset purchases are significantly affecting us. especially when it comes to liquidity policy. >> women ask about the creative policies over the last few years. we are taking actions that are at the edge of traditional independent challenges it comes on the macro credentials side. >> well, that's kind of a political question that i'm not sure i can do justice. and there are good reasons to have monetary policymaking. we all understand those reasons having to do with avoiding short run political intervention in monetary policy. but in many of the other activities, for exampl
commentary before the crisis with the idea that capital inflows we were seeing related to the trade deficit but also international demand for dollar reserve was the destabilizing factor in making conditions easier than they otherwise would have been but to look at the european relationship but again it was a demand for safe assets which at the time the insufficiency of safe assets. . . this is our total purchases, which are pretty small share. woodenly by this, we will pay for this with bank...
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Jul 8, 2013
07/13
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when i became prime minister, i had huge deficit made by the previous conservative government. i had to raise taxes. theain task was to revamp tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people, who were paying for the debt of greece, were at the same time seeing we were paying back our lenders, a global financial system was aiding tax evasion through tax havens. and steady trickle down economy, we had a trickle out economy. -- instead of a trickle down economy, we had a trickle out economy. $32 trillion is offshore in 2010. revenues are lost. there is so much being lost they could five times deal with the lending goals. when i say inevitable tax, i also believe in a strong, global governance which must include transparency, closing loopholes, financial regulations around the world. a second point, tax revenues are a democratic decision for each country. i believe in progressive taxation because it is the bloodline of a social contract among a basic bargain in our societies. conservative argument is we need a race to the bo
when i became prime minister, i had huge deficit made by the previous conservative government. i had to raise taxes. theain task was to revamp tax system because there were loopholes, lack of transparency, and a lot of tax evasion. the greek people, who were paying for the debt of greece, were at the same time seeing we were paying back our lenders, a global financial system was aiding tax evasion through tax havens. and steady trickle down economy, we had a trickle out economy. -- instead of a...
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Jul 10, 2013
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this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer dollars to the united states enrichment corporation. because the report is pending, t is in the best interest of hard-earned taxpayer dollars we suspend aid until we have more information as to what the company is doing with the money it is receiving. the united states enrichment corporation is so poorly run, last may the new york stock exchange threatened to delist them due to its financial health. articles over the years have documented its financial woes and the near monthly collapse of its stock prices. during the june share holders' meeting, 80% of th
this $48 million would be put towards deficit reduction. look, opponents of the amendment are go to go claim this money is necessary for national security, but in fact that could not be further from the truth. in fact the question of the whether or not the united states enrichment corporation is truly vital is being reviewed by the general accountability office which is expected to release a report on both the national security question as well as the economics of sending further taxpayer...
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Jul 11, 2013
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it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care bill business and labor were split. business and labor united here. we have evangelicals. we have the agriculture community, both growers and workers. and so to say that this is just like the president health care bill, nothing could be further from the trees. this is just what america wants us to do. work together in a bipartisan way to move forward. so those extreme opponents come they keep coming up with new reasons to oppose the bill. one of their latest is all, our bill is 1000 pages and complicated. well, from what i understand, the bill so they're putting together and t
it helps our deficit problem as well. the only other point i want to make is this. some are comparing this bill to the president's health care bill. nothing could be further from the truth. i supported this president's health care bill, and i still do, but that was basically a democratic effort. it had no republicans have been. mccain and schumer would not be standing here together in favor of the aca. and this bill has very broad support. it's bipartisan. it has the support on the health care...
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Jul 10, 2013
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we need to bring deficits down. we need to get our country on a fiscally sustainable path, but we need to do so in a rational way which does not undermine our national security, does not undermine the services of being rendered to the people who are relying on them and that does not send the message to our employees and those whom we need to recruit in the future hat we're a good employer, we're a caring employer, we're an effective employer and you ought to work for us, you ought to work for your country, for your fellow citizens. mr. speaker, we need to go to conference, we need to get rid of the sequester, we need to put america on a rational path to fiscal responsibility and effectiveness and i yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentleman from north carolina, mr. coble, for five minutes. mr. coble: i thank the speaker. mr. speaker, benghazi mattered and the american people deserve answers. on the evening of september 11, 2012, terrorist
we need to bring deficits down. we need to get our country on a fiscally sustainable path, but we need to do so in a rational way which does not undermine our national security, does not undermine the services of being rendered to the people who are relying on them and that does not send the message to our employees and those whom we need to recruit in the future hat we're a good employer, we're a caring employer, we're an effective employer and you ought to work for us, you ought to work for...
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Jul 10, 2013
07/13
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it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his time. for what purpose does the gentleman from new jersey seek recognition? mr. frelinghuysen: i move to strike the last word, mr. chairman. the chair: the gentleman is recognized for five minutes. to relinghuysen: i rise oppose the gentleman from georgia's amendment. the amendment -- his amendment is overly broad and would prevent the department of energy, the army corps of engineers, the bureau of reclamation, the national nuclear security agency, all agencies covered under our bill from leasing our purchasing any new vehicles. i understand my colleague's concerns with the s
it's an opportunity to reduce our deficit and make our government work better. this amendment represents a relatively small change to the bill but i believe it speaks to a larger principle. it will be an inappropriate use of taxpayer money to purchase more cars when so many folks across the country are being forced out of work and so many critical projects sit untouched. i urge my colleagues to support this amendment and i yield back. the chair: the gentleman yields back the balance of his...
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Jul 11, 2013
07/13
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estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children, and seniors who rely on the nutrition program in a desperate attempt to win political points with their conservative base. after an embarrassing, chaotic defeat of their last proposal, they decide to make a bad situation worse. this proposal strips out the entire nutrition title, putting families and children at risk of going hungry. givemade a clear choice to subsidies to corporations at the expense of the hungry and poor. today house republicans are telling hungry children, food banks who he meet the need of their communities. and low-income citizens, their needs don't ma
estimates this bill as written will add $1.3 trillion to the deficit in 2014. at this point i would like to yield one minute to the gentleman from rhode island, mr. cicilline. the speaker pro tempore: the gentleman from rhode island is recognized for one minute. mr. cicilline: this is a shameful day. the house republican leadership has decided again to abandon all efforts to come to a bipartisan agreement on the farm bill. they have launched an attack on the working poor, veterans, children,...
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Jul 10, 2013
07/13
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that are better used to invest in the future and paying off our deficit. we simply cannot afford to spend taxpayer dollars on research, the private sector can do better and taxpayers should not be asked to provide additional support to an industry that consistently has record-breaking profits. our energy sector has some of the of the most promising ideas and technologies in the world. our energy policy, however, is horribly outdated. h.r. 2609 slashes research and development for renewable energy by some 60% and adds additional money that the administration either want -- neither wants nor needs to research fossil fuels and clean coal. at the same time it continues to spend far too much on fossil fuel r&d. in fact, we dole out more fossil fuel subsidies than any other country. more than $500 billion in 2011. and they often go to expensive projects with little upside. the fact is we don't need to spend taxpayer money this way. fossil fuel companies are highly profitable, posting some of the highest profits in the world, and they can shoulder than other r&d
that are better used to invest in the future and paying off our deficit. we simply cannot afford to spend taxpayer dollars on research, the private sector can do better and taxpayers should not be asked to provide additional support to an industry that consistently has record-breaking profits. our energy sector has some of the of the most promising ideas and technologies in the world. our energy policy, however, is horribly outdated. h.r. 2609 slashes research and development for renewable...
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Jul 9, 2013
07/13
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. >>> "the washington post" says this year's deficit forecast has shrunk. deficit expected to be $759 billion. that's $214 billion less than previously forecast. part of the reason the massive automatic spending cuts that kicked in march 1st. >>> "wall street journal" says americans are keeping up with their credit card bills. the rate of people falling behind has dropped to the lowest level in two decades. experts say debt is down and wealth is up. >> charlotte observer said singer randy travis is hospitalized in critical condition with heart problems. the 54-year-old is treated for a heart ailment caused by a virus that can cause heart failure. >>> a scene of chaos in canada. flash flooding dumped a record amount of rain nearly four inches around toronto. 300,000 customers lost power. the subway system was shut down and may not be back at full strength today. 1400 commuters were trapped four hours until early this morning. they had to be rescued after their train filled with gushing water. police and firefighters used small inflatable boats to free them.
. >>> "the washington post" says this year's deficit forecast has shrunk. deficit expected to be $759 billion. that's $214 billion less than previously forecast. part of the reason the massive automatic spending cuts that kicked in march 1st. >>> "wall street journal" says americans are keeping up with their credit card bills. the rate of people falling behind has dropped to the lowest level in two decades. experts say debt is down and wealth is up....
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Jul 10, 2013
07/13
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in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was writing a check. >> she never cashed it! >> the war room. >> compared to other countries with tighter gun safety laws our death toll is just staggering. >> the young turks. >> the top bankers who funneled all the money to the drug lords, no sentence. there's just no justice in that. >> viewpoint. >> carl rove said today that mitt romney is a lock to win next pope. he's garunteeing it. >> joy behar: say anything. >> is the bottom line then that no white person should ever, ever, ever use the "n" word? >> yes! >> only on current tv. >> stephanie: it is "the stephanie miller show." welcome to it. six minutes after the hou
in specifics, it reads that reform will grow the economy by 3.3% and bring down the deficit by close to $8850 billion over the next -- by close to $850 billion over the next 20 years. we're back after the break. actually mean it. >> you're putting out there something that you're proud of. journalists want the the story and they want the right story and the want the true story. >> you can say anything here. >> i spent a couple of hours with a hooker. >> your mistake was...
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Jul 6, 2013
07/13
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guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that work was transferred there. some people say that's the way it goes and how the global economy moves around. that might be the case. but that doesn't mean there aren't jobs americans can't do. and the definition of doing something that your caller -- i agree that there are do-nothing jobs in every organization probably. but the point that your caller was making i think there are -- the definition of doing something is very broad and there are a lot of thing that is need to be done in this country including services jobs that aren't getting filled by the private se
guest: i think that the trade deficit had been an issue for the u.s. there have been a lot of jobs, essentially we opened up ourselves to the world from a global trade perspective and we didn't really put a lot of emphasis on making sure that the other countries that we were doing business with had, say, the same labor standards, the same pay levels. so many american workers were thrown into competition with a huge global competition with workers willing to be paid a lot less. so a lot of that...
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Jul 12, 2013
07/13
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which was the idea that the capital inflows that we were seeing related, of course, to our large trade deficit, but also to the international demand for dollar reserves was, in fact, a potentially destabilizing factor and certainly was, in the any case, making financial conditions easier than they otherwise would have been. and done more recent work with co-authors at the federal reserve hooking at the european/u.s. relationship. each though there was a money more balanced trade between europe and the u.s., there are large gross inflows of financial flows from europe to the united states which, again, were a demand for safe assets, if you will, which at the time there being an insufficiency of safe assets in the view of many people that wall street was in some sense trying to construct safe assets through securitization and tranching. and we know that that didn't work out so well. i think that, you know, there are some issues with safe assets in that besides collateral, you know, we have potentially increased liquidity requirements, increased margin requirements, and that may create some press
which was the idea that the capital inflows that we were seeing related, of course, to our large trade deficit, but also to the international demand for dollar reserves was, in fact, a potentially destabilizing factor and certainly was, in the any case, making financial conditions easier than they otherwise would have been. and done more recent work with co-authors at the federal reserve hooking at the european/u.s. relationship. each though there was a money more balanced trade between europe...
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Jul 9, 2013
07/13
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CURRENT
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you raise more tax money reduce the deficit it creates jobs, right? >> then they were talking about how obamacare was doomed to failure because it was an organized mess but without pointing out the reason why it was because idiots that they have to cut deals with. when you call something a the ruk gold brick device do the work. they accomplish the task that you want it to. anybody using that until is using it historically and scientifically incorrect. >> so goldberg was not a reuben at all. >> no, not at all. it took an hour and a half to light your cigar but they work. >> stephanie: you make that point, that's the problem you need all these parts to make affordable care work, but they're going to do their best to make sure that it doesn't. like you say whether it's republican governors or them having a relentless p.r. campaign to keep spreading misinformation. >> there will be problems, people will complain to their local newspapers, and you'll get five or six anecdotes from around the country that will start the trend and that's where we'll be. >> s
you raise more tax money reduce the deficit it creates jobs, right? >> then they were talking about how obamacare was doomed to failure because it was an organized mess but without pointing out the reason why it was because idiots that they have to cut deals with. when you call something a the ruk gold brick device do the work. they accomplish the task that you want it to. anybody using that until is using it historically and scientifically incorrect. >> so goldberg was not a reuben...
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Jul 8, 2013
07/13
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and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from passing legislation to reform the ailing postal service. he refused to even take it up last congress. didn't even take it up. sticking to the hastert rule prevented the house from passing a measure that would give brick-and-mortar stores parity. we passed it on a bipartisan vote here, mr. president. i mean it's heartbreaking all over america, i see it in nevada to go by these strip malls and you see these places that if they had the advantage of not having to pay sales tax -- that's what happens on line -- they would be in business. they would go back into business if the online -- the sales tax would h
and would boost our economy and make our country safer, reducing the deficit by about a trillion dollars over the next two decades. i remind the speaker there is no shame in passing bills both parties can support. americans want their elected officials to work together to fix the nation's problems. that's what we did in the senate. i promise the formula will work in the house of representatives as well. the speaker should try that. sticking to the hastert rule is preventing the house from...
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Jul 11, 2013
07/13
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today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other things. it is being considered separately on its own merits. as many in this body have called for, and it replaces antiquated permanent law so we don't face things like the dairy cliff tend of the year anymore. the bill before us reforms not just the politics of the farm bill, but the process as well. this farm bill has earned our support and i urge my colleagues to vote yes. i yield back. the speaker pro tempore: the gentleman yields back. the gentleman from minnesota is recognized. mr. peterson: i yield two minutes to the distinguished minority whip, the gentleman from maryland, mr. hoyer. the spe
today those of us who came to town to cut spending, reduce the deficit, reduce the size of government, and make reforms have a real opportunity to walk the walk. this farm bill does all of those things. this bill is going to save taxpayers $19.3 billion. it's going to repeal or consolidate more than 100 programs at usda. and it's going to repeal the direct program. something that many of my farmers and ranchers back home are -- do not want to give up. the farm bill also does a couple other...